PFG Investments LLC Has $735,000 Holdings in Vistra Corp. $VST

PFG Investments LLC boosted its stake in Vistra Corp. (NYSE:VSTFree Report) by 209.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,888 shares of the company’s stock after acquiring an additional 3,310 shares during the quarter. PFG Investments LLC’s holdings in Vistra were worth $735,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in shares of Vistra in the 3rd quarter valued at about $28,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in Vistra during the fourth quarter worth about $25,000. Mcguire Capital Advisors Inc. bought a new stake in Vistra during the fourth quarter worth about $28,000. Kemnay Advisory Services Inc. acquired a new position in Vistra during the fourth quarter valued at approximately $30,000. Finally, Triumph Capital Management acquired a new position in Vistra during the third quarter valued at approximately $38,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Vistra Stock Performance

Shares of Vistra stock traded down $2.88 during trading on Tuesday, reaching $154.34. The company’s stock had a trading volume of 549,879 shares, compared to its average volume of 5,038,758. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 5.51. The business’s 50-day moving average price is $154.38 and its 200-day moving average price is $158.74. Vistra Corp. has a 52 week low of $132.66 and a 52 week high of $219.82. The firm has a market cap of $52.04 billion, a PE ratio of 25.86 and a beta of 1.40.

Vistra (NYSE:VSTGet Free Report) last announced its earnings results on Thursday, May 7th. The company reported $2.87 EPS for the quarter, topping the consensus estimate of $1.32 by $1.55. The company had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.22 billion. Vistra had a net margin of 11.52% and a return on equity of 105.64%. Equities analysts forecast that Vistra Corp. will post 9.52 earnings per share for the current year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd were paid a dividend of $0.229 per share. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date was Monday, June 22nd. This represents a $0.92 dividend on an annualized basis and a yield of 0.6%. Vistra’s dividend payout ratio is 15.41%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Jefferies Financial Group reissued a “buy” rating and issued a $190.00 target price on shares of Vistra in a research note on Thursday, May 21st. Weiss Ratings raised shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. Seaport Research Partners reiterated a “buy” rating and issued a $230.00 price target on shares of Vistra in a research note on Monday, June 15th. Sanford C. Bernstein set a $187.00 price objective on shares of Vistra and gave the company an “outperform” rating in a research report on Tuesday, June 16th. Finally, TD Cowen lowered their price objective on shares of Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $230.31.

View Our Latest Stock Report on VST

Insider Buying and Selling

In related news, Director John R. Sult sold 6,500 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $170.00, for a total value of $1,105,000.00. Following the transaction, the director owned 70,714 shares in the company, valued at approximately $12,021,380. This trade represents a 8.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Margaret Montemayor sold 5,000 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $164.96, for a total value of $824,800.00. Following the completion of the transaction, the chief accounting officer directly owned 14,360 shares of the company’s stock, valued at approximately $2,368,825.60. This trade represents a 25.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 41,588 shares of company stock valued at $6,739,227 over the last 90 days. 0.92% of the stock is currently owned by insiders.

Vistra Profile

(Free Report)

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.

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Institutional Ownership by Quarter for Vistra (NYSE:VST)

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